Peru’s Cementos Pacasmayo buys US Mica Mines

07 April 2005

Peru’s Cementos Pacasmayo SAA said Wednesday its Atlanta-based subsidiary, Zemex Corp., has bought the Kings Mountain, N.C., mica operations of Oglebay Norton Specialty Minerals, Inc. Oglebay Norton Specialty Minerals is a subsidiary of Oglebay Norton Co. Oglebay Norton said the sale was worth $15m. "The plant has production of about 30,000t of mica a year," Cementos Pacasmayo said in a filing to the Peruvian securities regulatory agency, Conasev. Zemex Corporation produces industrial minerals, with facilities across the U.S. and Canada.
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